what proportion of the UK's training provision does that represent?
Less than 1%, and that will be replaced in a few weeks. Whilst it is unspeakably awful for the 20 or so individuals whose lives have been devastated, the fact is that the effect of the demise of Cabair on the UK flight training industry is negligible.
As for the responsibility of the CAA, the Authority is required by law to approve any organisation that meets the published requirements. The only requirement related to finance is that,
at the time of the approval, "A FTO shall satisfy the Authority that sufficient funding is available to conduct training to the approved standards" (Appendix 1a to JAR-FCL 1.055). Since the 'new and improved' Cabair was approved to conduct training, one must assume that this requirement was met
at the time the approval was granted. Any subsequent issues related to the marketing and financing of training courses is a matter for Trading Standards and not for the CAA.
Nothing that has happened has any implications for the
safety of flight training and, therefore, is not and should not be the responsibility of the CAA's
Safety Regulation Group.